MOTEL FOR SALE - STRONG COUNTRY TOWN

Leasehold $330,000 reduced to sell now $290,000

Description: 3 hours from Sydney. Strong country town. Main street location. Long 24-year term. 3.5-star B&B Motel. Great trader. Easy care. High quality appointments. Rooms have kitchenette and the Motel is located across the road from the shopping centre.

Star Standard: 3.5 star

Construction: Single level brick construction with tiled roof (clip lock on residence) and brick wall partitions. Good medium to large units. High quality appointments. Sound and well-presented construction.

Residence: 3 bedrooms, 2 with built-ins, 2 bath/toilets, lounge/dining, office, shared kitchen and carport.

Clientele: Transit workers, reps, tourists and local trade.

Land Area: 1,290sqm approx.

Tariffs: Deluxe Queen From $150; Executive Queen From $160; Executive Twin From $170; Family Room From $185; Standard Queen From $140; Standard Twin From $155

Chain Affiliation: No

Lease: 24 years to 2047. Rent $10,534.24 per month inclusive of GST.

Laundry: Front Loader & Gas Dryer. Two linen changes.

Restaurant: No

Services: Reverse cycle air-conditioning, Gas BBQ, Wi-Fi, parking in front of units, fire rated.

Turnover: 2022/23 $368,096.20

Occupancy: 65% - 75% approx.

Comment: Small "boutique" style motel. Centrally located close to shops, clubs, hotels, etc. Spotless, clean and comfortable.


MQ Property ID:
7636988


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